It's been mentioned on other blogs (Imaginary Journal of Poetic Economics, Peter Suber, etc) but I thought a note about the Social Sciences and Humanities Research Council's (SSHRC) recently-released Aid to Open Access Journals would be appropriate here (most of the bloggers on OA Librarian are Canadian and this is a Canadian program so...).
Anyway, as noted, SSHRC recently came out with a support program for Canadian OA journals in the social sciences and humanities. Details are at http://www.sshrc.ca/web/apply/program_descriptions/open_access_journals_e.asp#5.
Wearing my Serials Librarian hat, I have to say that this program may be very welcome; I certainly think it's a good idea. Some Canadian publishers of social sciences and humanities journals (societies, associations) have been a little freaked out about OA and how it can be supported so hopefully the Aid to OA Journals will alleviate some worries. Of course, the program is aimed at already-OA journals that have been around for at least two years; maybe a program to support conversion to OA is coming sometime in the not-too-distant future? It also remains to be seen if the amount of the grant ($850 CAN per article published plus up to $5,000 CAN to help defray distribution costs) will be adequate. Finally, the grant is only for one year and is not renewable; what affect will this have on journals? How many journals will get "hooked" on the grant and face "withdrawl" at the end of the 12 months?